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Middle East and Africa Electric Distribution Utility Market Share

Report ID: GMI12727
Published Date: Dec 2024
Report Format: PDF

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Middle East & Africa Electric Distribution Utility Market Share

Middle East & Africa Electric Distribution Utility Company Market Analysis, 2024

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Major companies in the Middle East & Africa electric distribution utility industry include Eaton, ABB, GE Vernova, Mitsubishi Electric, alfanar and Siemens. These companies are implementing advanced technologies and diverse energy solutions. They hold a significant market share due to their global presence, technological innovations, and strategic positioning. The industry environment promotes collaboration and partnerships, as utilities aim to incorporate advanced technologies to enhance efficiency and customer service.

Middle East & Africa Electric Distribution Utility Market Companies

Major players operating across the industry include:

Abaft
ABB
ACWA Power
alfanar
Eaton
Elsewedy Electric
Enel
Engie
Fuji Electric
GE Vernova
Hitachi Energy
Hyosung
HD Hyundai Electric
Iberdrola
Lucy
Mitsubishi Electric
Schneider Electric
Siemens

Authors: Ankit Gupta, Manish Dhiman

Frequently Asked Questions (FAQ) :

The market for electric distribution utility in Middle East & Africa reached was valued at USD 41 billion in 2024 and is projected to grow at a 7% CAGR from 2025 to 2034, driven by rising electricity demand and a shift toward renewable energy adoption.

The commercial segment is anticipated to grow at a CAGR of over 6.5% through 2034, driven by the development of commercial establishments and government regulations promoting energy-efficient units.

Saudi Arabia's market is forecasted to reach USD 16 billion by 2034, fueled by rising electricity demand, government support, and investments in renewable energy projects.

Key players in the market include Abaft, ABB, ACWA Power, alfanar, Eaton, Elsewedy Electric, Enel, Engie, Fuji Electric, GE Vernova, Hitachi Energy, Hyosung, HD Hyundai Electric, Iberdrola, Lucy, Mitsubishi Electric, Schneider Electric, and Siemens.